Republic Services (RSG) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter increased compared with the prior quarter and rose sharply versus the same quarter a year earlier. The sequential gain was modest, while the year-over-year advance was substantial.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the quarter increased compared with the prior quarter and rose sharply versus the same quarter a year earlier. The sequential gain was modest, while the year-over-year advance was substantial.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.8B
Revenue reported for this quarter.
Quarter-over-quarter
+0.2%
Change from the immediately preceding quarter.
Year-over-year
+8.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$15B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $3.6B | +20.6% |
| Jun 30, 2023 | $3.7B | +9.1% |
| Sep 30, 2023 | $3.8B | +6.3% |
| Dec 31, 2023 | $3.8B | +8.6% |
Revenue performance
Reported revenue moved higher from the immediately preceding quarter, continuing the upward trajectory seen throughout the fiscal year.
Quarterly comparison
Compared with the same quarter one year earlier, revenue was markedly higher. The sequential increase from the prior quarter was small, reflecting a steady rather than accelerating pace.
What to watch
The filing context does not provide specific drivers for the revenue change; monitor future filings for underlying factors.